trading
4 statements across 3 episodes · 2 bullish · 2 bearish · 3 people on the record · first statement Oct 19, 2015 by Jason Zweig · across every show →
Everything said about trading, oldest first
Oct 19, 2015 negative
Sep 7, 2021 positive
Simkin: Trading is running continuous experiments where failure drives success
“In the world that I live in, you know, for better or worse, we know that we're going to make mistakes all the time, that we are effectively just running experiments and getting feedback and then updating our approach and running a new experiment again the next…”
Sep 7, 2021 positive
Simkin: Assuming counterparties know what they are doing protects traders
“On the trading side, sort of this principle of charity is really giving somebody credit for knowing what they're doing when they're trading against you. This is what sort of protects you from being run over by somebody who has better information than you do.”
Jan 11, 2022 negative
Holiday: Creative professions overly tolerate spotty output unlike sports or trading
“Maybe it's because writing is a creative profession that people don't treat, like professional sports or, you know, trading or anything where it's just sort of excuse, like, because people think it's hard and they don't understand how it works. They're just a …”